Latest: Fintech News
Hodlnaut is the latest in a number of crypto players to struggle after a global sell-off that that has seen the collapse of the Luna and TerraUSD tokens
Assemblers in Taiwan such as Foxconn and Pegatron have been ramping up production so Apple can launch its iPhone 14 next month
Tech conglomerate says permits to operate driverless robotaxis in Chongqing and Wuhan are a "turning point" in China's policy-making towards autonomous driving
The e-commerce giant has been trimming staff to boost efficiency but it plans to hire nearly 6,000 university graduates this year, its CEO said.
Chip fund chief Ding Wenwu is suspected of serious violations of the law, according to the Central Commission for Discipline Inspection
"We cannot and should not legitimise the use of an app which has been described by tech experts as `essentially Chinese Government spyware,`" said a letter by six politicians.
The planned stake purchase in French firm Ubisoft would be Tencent's latest major foreign deal since a regulatory crackdown in late 2020
Trading in the Hong Kong digital bank's stock, which was regularly noted on Reddit's WallStreetBets this week, has seen its market cap pass Goldman Sachs since listing last month
"This hack is a retaliation of the attacks on the Taiwan presidential website," said the post, with photos of Pelosi and Taiwan President Tsai Ing-Wen posted on the website.
YMTC's new chip marks a breakthrough for the company and helps it close the gap on rivals including the US's Micron and South Korea's SK Hynix.
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AF Fintech Insights
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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Fintech: The Big Picture
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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MarketsBack to Earth: India’s Tech IPO Boom Turns to BustTech companies like Paytm, food delivery outfit Zomato, online insurance broker PolicyBazaar, and online fashion seller Nykaa were amongst the biggest losers.
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Market InsightsWorse to Come for Payments Merchant Paytm’s SharesThe pressure keeps piling on Warren Buffett-backed Indian payments merchant Paytm. Shares of its owner One97 Communications are in freefall and now it must deal with gloomy predictions about its future revenues.
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